KY pharmacy wholesaler bonds.
$250 flat.

Kentucky's Board of Pharmacy requires a wholesaler, wholesale distributor, or virtual wholesaler permit applicant to post a surety bond of not less than $25,000 under 201 KAR 2:105. Ours is $250 flat, set by our carrier's rate book for this bond — and this kind of fixed license bond is issued on the spot.

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Required for a KY virtual wholesaler permit — under 201 KAR 2:105, with KRS Chapter 315

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Fixed amount, fixed price — $25,000 security, $250, no quote process

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Multi-year terms available — set it up once, keep your permit filing continuous

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How it works

Three steps. One sitting.

Fixed-amount license bonds are the simplest thing in surety. Here's the entire process:

NOW · ONLINE

Apply online

Business details, your application or permit number, and an effective date. That is the application — no financials, no credit section.

MINUTES, USUALLY

Pay & e-sign

Fixed-amount license bonds like this are among the thousands of bond types that issue right after purchase. At most, 1–2 business days.

SAME DAY

File with the Board of Pharmacy

Your executed bond and power of attorney arrive by email, ready to file with your virtual wholesaler permit application or renewal. Wet-ink original mailed on request.

About this bond

What it is and who needs it.

What the bond actually guarantees

A virtual wholesaler distributes prescription drugs in Kentucky without taking physical possession of them. The Board of Pharmacy conditions the permit on a surety bond (or equivalent security) of at least $25,000 so the state has a financial backstop tied to your permit.

Under 201 KAR 2:105, the bond secures payment of any administrative penalties, fees, or costs the Board imposes and that the licensee fails to pay within thirty days of the penalty becoming final. It is a three-party arrangement: you (the principal), the surety carrier, and the Kentucky Board of Pharmacy (the obligee).

It is not insurance for you — if the surety pays the Board, you repay the surety. The regulation also accepts other forms of security (a letter of credit, a trust account, or insurance), but a surety bond is usually the cheapest: you pay the flat $250 premium instead of tying up $25,000.

201 KAR 2:105 (KRS Chapter 315)Under 201 KAR 2:105, an applicant for a Kentucky Wholesaler, Wholesale Distributor, or Virtual Wholesaler permit must submit a surety bond of not less than $25,000 — or equivalent security acceptable to the Board of Pharmacy, such as a letter of credit, trust account, or insurance — securing payment of administrative penalties, fees, or costs the Board imposes if the licensee fails to pay within thirty days. The permit framework sits under KRS Chapter 315 (KRS 315.350, 315.402, 315.406). Confirm your required amount on your permit application.

You need this bond if you're

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Applying for a KY virtual wholesaler permit — distributing drugs without taking physical possession

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Holding a wholesaler or wholesale distributor permit the Board ties to the $25,000 security

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Renewing your permit and your current bond is expiring or your surety non-renewed

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An out-of-state distributor getting a Kentucky permit to ship into the Commonwealth

One application, issued instantly.

These are the actual issuing fields — the application collects no credit information, because this bond doesn't need one.

Start the application →

FAQ

Common questions.

How much is the Kentucky pharmacy wholesaler bond?The premium is $250 flat — our carrier's rate for this $25,000 security, the same for every wholesaler. The $25,000 minimum is set by the Board of Pharmacy under 201 KAR 2:105, so there is no quote process.

Do I pay the $25,000?No. You pay $250. The $25,000 is the surety's maximum liability to the Board if you fail to pay penalties, fees, or costs it imposes — it's not a deposit, and nobody holds your money.

Can I use something other than a surety bond?201 KAR 2:105 accepts equivalent security — a letter of credit, a trust account, or insurance acceptable to the Board. A surety bond is usually cheapest, since you pay the flat $250 premium instead of tying up the full $25,000 in cash or bank collateral.

Is there a credit check?The application collects no credit information at all — most applications like this approve instantly. If a check ever runs on a bond like this, it's a soft pull that won't touch your score.

When does it renew?The security must stay active for as long as you hold the permit. You can buy a 1, 2, or 3-year term; we send renewal notices 60 and 30 days out, with autopay available, so your permit never lapses over a missed email.

Related bonds

Other Kentucky bonds.

Finish your permit checklist today.

$250 flat, no credit review, bond often issued in the same sitting. Free until issued.

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Your price$250

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